For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Kodiak Sciences Inc (NASDAQ: KOD) closed the day trading at $7.17 down -6.15% from the previous closing price of $7.64. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 0.3 million shares were traded. KOD stock price reached its highest trading level at $7.84 during the session, while it also had its lowest trading level at $7.16.
Ratios:
For a better understanding of KOD, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.42 and its Current Ratio is at 8.42. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.88.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 17 ’24 when BORGESON JOHN A. sold 2,874 shares for $2.75 per share. The transaction valued at 7,904 led to the insider holds 182,164 shares of the business.
BORGESON JOHN A. sold 1,558 shares of KOD for $4,549 on Jun 12 ’24. The insider now owns 179,544 shares after completing the transaction at $2.92 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KOD now has a Market Capitalization of 377312640 and an Enterprise Value of 134714208.
Stock Price History:
The Beta on a monthly basis for KOD is 2.10, which has changed by 1.1926606 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, KOD has reached a high of $11.60, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is -5.78%, while the 200-Day Moving Average is calculated to be 71.52%.
Shares Statistics:
Over the past 3-months, KOD traded about 456.16K shares per day on average, while over the past 10 days, KOD traded about 445500 shares per day. A total of 52.62M shares are outstanding, with a floating share count of 48.64M. Insiders hold about 7.57% of the company’s shares, while institutions hold 73.29% stake in the company. Shares short for KOD as of 1730332800 were 1299760 with a Short Ratio of 3.21, compared to 1727654400 on 1541705. Therefore, it implies a Short% of Shares Outstanding of 1299760 and a Short% of Float of 4.01.
